Europe Economics Update Will Ireland and Portugal roll over their debt too? The Irish and Portuguese public finances are not in as precarious a position as those of Greece, but we think that there is a strong chance that both economies will eventually have to follow in Greece... 22nd June 2011 · 1 min read
Europe Economics Update Will Ireland also need a second bail-out? Ireland appears to be under no imminent pressure to follow Greece and seek a bigger bail-out package. Nonetheless, we still think that it may eventually need to gain additional financial support from... 19th May 2011 · 1 min read
Europe Economics Update Banks a heavy weight around Ireland's neck The results of the latest round of Irish bank stress tests will almost undoubtedly make pretty grim reading and we doubt that they will draw a line under the banking crisis. Accordingly, concerns... 31st March 2011 · 1 min read
Europe Economics Update Ireland’s problems worsen The recent surge in government bond yields, coupled with ongoing concerns about the banking sector and prospects for economic growth, suggest that Ireland may need to gain a bigger bail-out package... 24th March 2011 · 1 min read
Europe Economics Update New Irish Government faces daunting challenges News that Fine Gael and Labour are likely to form a coalition Government with a healthy majority will reduce political uncertainty in Ireland. But the new Government faces a major battle to improve... 28th February 2011 · 1 min read
Europe Economics Update Bank debt plans won’t solve Ireland’s fiscal problems Speculation is growing that the next Irish Government will attempt to restructure some of the nationalised banks’ senior debt. But such a move, while no doubt popular with taxpayers, would do little... 9th February 2011 · 1 min read
Europe Economics Update Is Ireland's bail-out under threat? Ireland’s next Government will push for better terms on its existing bail-out package, but it will enter discussions in a weak bargaining position. Even if it does gain major concessions there is a... 2nd February 2011 · 1 min read
Europe Economics Focus Will the Emerald Isle ever regain its sparkle? The recent bail-out and banking support measures may have pulled Ireland back from the brink of imminent disaster. But the economy and the public finances remain in an extremely precarious position... 26th January 2011 · 1 min read
Europe Economics Update Ireland's political turmoil not as disastrous as it seems Ireland’s coming general election provides hope that months of political uncertainty may be about to end. But whatever the outcome, the economy and public finances will remain in a precarious state. 24th January 2011 · 1 min read
Europe Economics Update Irish Budget fails to lift the gloom As anticipated, the first vote on the Irish 2011 Budget was passed by Parliament late last night. But while this reduces the chances of the Government being unable to tap its bail-out facility for... 8th December 2010 · 1 min read
Europe Economics Update Irish bailout details provide markets with little comfort The further details of the Irish bailout package and the euro-zone’s permanent crisis resolution mechanism confirm that Germany and other European hardliners are in no mood to make major concessions... 29th November 2010 · 1 min read
Europe Economics Update Ireland's fiscal plans will do little to ease markets' fears The recent increase in political uncertainty and rising concerns about banks’ near-term funding needs have only added to Ireland’s problems. Indeed, the further details on the shape of the fiscal... 24th November 2010 · 1 min read
Europe Economics Update Ireland still has a mountain to climb News that Ireland has formally requested financial support has prompted a further drop in Irish bond yields and a small rise in the euro. But Ireland still faces a daunting set of fiscal and economic... 22nd November 2010 · 1 min read
Europe Economics Weekly What will an Irish bailout package look like? Over the past week, it has become increasingly clear that it is now a matter of when, rather than if, Ireland receives some kind of financial support package. But there are still several unanswered... 22nd November 2010 · 1 min read
Europe Economics Update Will Portugal inevitably follow Ireland? With Ireland on the brink of accepting some kind of bail-out, fears of contagion have intensified. While Portugal is clearly the next in line, it is in a better position than Ireland, which means that... 19th November 2010 · 1 min read
UK Economics Update What does the Irish crisis mean for the UK? Concerns have grown that the Irish debt crisis could have severe consequences for the UK economy. But our impression is that any effects on the UK economy are likely to be pretty small. 17th November 2010 · 1 min read